June 2016 CAR Exports
Foreign Trade: Exports
Foreign trade is the system by which countries exchange goods and services.
Countries trade with each other to obtain things that are better quality, less expensive
or simply different from goods and services produced at home. The goods and services
that are sold to other countries are called exports.
The Cordillera
Administrative Region
(CAR) free on board (FOB)
value of export goods for
June 2016 amounted to
$126,759,844. The FOB
value decreased by 7.3%
from the amount of
$136,702,091 last May
2016, but increased by
7.0% from the
$118,414,572 FOB value
last April 2016.
The region produced
474,640 kilograms (kg) of
export goods for June
2016, which is lower than
the 362,134,314 kg
produced last May 2016.
Philippine Statistics Authority Volume I No. 17 September 2016
Cordillera Administrative Region
PSA-CAR SPECIAL RELEASE
FOREIGN TRADE STATISTICS
131,943,635
118,285,337
162,510,164
118,414,572
136,702,091
126,759,844
-
20,000,000
40,000,000
60,000,000
80,000,000
100,000,000
120,000,000
140,000,000
160,000,000
180,000,000
January February March April May June
USD
Figure 1. Exports Free of Board Value,
CAR: January to June 2016
1,583,794
28,196,387
403,664,110
9,059,682
362,134,314
474,640
-
50,000,000
100,000,000
150,000,000
200,000,000
250,000,000
300,000,000
350,000,000
400,000,000
450,000,000
January February March April May June
Kilogram
Figure 2. Exports Production Volume,
CAR: January to June 2016
Source: Philippine Statistics Authority
Source: Philippine Statistics Authority
Page 2
PSA-CAR Special Release: June 2016 CAR Exports
Exports By Commodity
Among the commodities, machinery and mechanical appliances, electrical equipment,
parts thereof, sound recorders and reproducers, and parts and accessories of such
articles continued to rank first with a share of 82.1% in export sales and amounting to
$104,121,982 in export receipts. These goods shared 80.6% in the regional exports
last May 2016 which is equivalent to $110,161,659.
Vehicles, aircrafts, vessels and associated transport equipment with $21,385,827 FOB
value came next comprising 16.9% in export sales for June 2016, and 18.8% during
the previous month.
The base metals and articles of base metals had the least share in export sales
amounting to only $2,262 FOB value for June 2016, and $2,910 in May 2016.
Table 1. Exports by Commodity, CAR: May and June 2016
Commodity
June 2016
Volume (kg)
FOB Value (USD)
Share (%)
Volume (kg)
FOB Value (USD)
Share (%)
TOTAL
362,134,314
136,702,091
100.0
474,639.6
126,759,844
100.0
1. Plastics and articles thereof; rubber and articles
thereof
9,868
56,196
0.0
23,172.9
129,066
0.1
2. Raw hides and skins, leather, fur skins and articles
thereof; saddlery and harness; travel goods,
handbags and similar containers; articles of
animal gut (other than silk-worm gut)
4,835
311,730
0.2
638.0
240,836
0.2
3. Textiles and textiles articles
1,730
115,846
0.1
3,279.0
206,154
0.2
4. Base metals and articles of base metals
352
2,910
0.0
108.7
2,262
0.0
5. Machinery and mechanical appliances; electrical
equipment; parts thereof; sound recorders and
reproducers, and parts and accessories of such
articles
2,995,851
110,161,659
80.6
136,399.2
104,121,982
82.1
6. Vehicles, aircraft, vessels and associated transport
equipment
359,101,694
25,753,479
18.8
302,454.6
21,385,827
16.9
7. Optical, photographic, cinematographic,
measuring, checking, precision, medical or
surgical instruments and apparatus; clocks and
watches; musical instruments; parts and
accessories thereof
941
192,664
0.1
1,203.2
604,647
0.5
8. Miscellaneous
18,294
91,545
0.1
7,161.0
45,000
0.0
9. Works of art, collectors' pieces and antiques
750
16,062
0.0
223.0
24,070
0.0
Source: Philippine Statistics Authority
Singapore was the main destination with 34.6% of export goods that consist of
machineries and mechanical appliances, electrical equipment, parts thereof, sound
recorders and reproducers, and parts and accessories of such articles with the total
receipts of $35,973,034. This was followed by The Netherlands at 33.3% with export
sales value of $34,636,783.
Page 3
PSA-CAR Special Release: June 2016 CAR Exports
Other countries that bought machineries and mechanical appliances from the region
were the United States of America ($7,476,921), Taiwan ($7,458,355), Hong Kong
($6,421,042), People’s Republic of China ($5,100,458), Japan ($1,628,040), Thailand
($1,512,472), Canada ($1,133,096), Mexico ($688,667), France ($663,691), Malaysia
($656,808), UK of Great Britain and N. Ireland ($313,871), Republic of Korea
($224,583), Germany ($131,542), Vietnam ($58,723), Israel($30,823), Indonesia
($9717), Brazil ($1,472), Australia ($975), Romania ($717), and India ($192).
Country of Destination
As of June 2016, CAR largely exported to 3 countries, namely Singapore, The
Netherlands, and United States of America. Singapore had the biggest share of the
region’s exports at 29.0% with total value of $36,739,304, followed by The Netherlands
with 27.3% amounting to $34,650,011, and the United States of America at 15.7% or
$19,843,638 in total exports value.
The region also exported goods to countries such as Malaysia, Mexico, Canada,
Republic of Korea, Israel, UAE, Switzerland, Thailand, Brazil, Italy, Indonesia,
Belgium, Australia, Romania, Portugal, India, Saudi Arabia and Vietnam. Exports to
these countries registered total sales of $4,874,887 accounting to 3.8% of the region’s
total exports receipts.
Singapore
29.0%
Netherlands
27.3%
United States of America
15.7%
Taiwan
6.1%
Hong Kong
5.1%
People's Republic of China
4.2%
Japan
3.5%
France
2.3%
UK of Great Britain and N.
Ireland
1.7%
Germany
1.2%
Others
3.8%
Figure 3. CAR’s Top 10 Exports by Country: June 2016
Source: Philippine Statistics Authority
Page 4
PSA-CAR Special Release: June 2016 CAR Exports
The Asia-Pacific Economic Cooperation (APEC) member countries are the primary
foreign trading partners of CAR. APEC is composed of 21 member countries, namely:
Australia, Brunei Darussalam, Canada, Chile, People’s Republic of China, Hong Kong,
Indonesia, Japan, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New
Guinea, Peru, Philippines, Russia, Singapore, Taiwan, Thailand, United States of
America, and Viet Nam.
In June 2016, the region’s total exports receipts from APEC countries amounted to
$85,087,096 representing 67.1% of the total export receipts of the region. Meanwhile,
exports to non-APEC countries comprised 32.9% of the total goods and commodities
exported which were valued at $41,672,748.
Among the APEC member countries, Singapore topped the region’s foreign exports
sales receipts registering 43.2%, followed by the United State of America at 23.3%,
Taiwan at 9.1%, Hong Kong at 7.6%, People’s Republic of China at 6.3%, Japan at
5.2% and other APEC countries at 5.3%.
Singapore
43.2%
United States of America
23.3%
Taiwan
9.1%
Hongkong
7.6%
People's Republic of China
6.3%
Japan
5.2%
Others
5.3%
APEC
67.1%
Non-
APEC
23.9%
Figure 4. Major APEC Trading Partners of CAR:
June 2016
Source: Philippine Statistics Authority
Page 5
PSA-CAR Special Release: June 2016 CAR Exports
Free on Board Value (FOB) – is the value of the goods free on board the carrier at the frontier of
the exporting country. It includes inland freight, export duty and other expenses. In addition, the
value of goods in the Philippine foreign trade statistics is FOB.
Country of Destination (Exports only) – it is the country where the goods are to be consumed,
further processed, or manufactured.
Country of Origin (Imports only) – it is the country where the goods are mined, grown, or
manufactured or where each foreign material used or incorporated in a good underwent a change
in tariff classification indicating a substantial transformation under the applicable rule of origin for the
good.
Exports – the goods and services that are sold to other countries.
Imports – the goods and services that a country buys from other countries.
PSCC (Philippine Standard Commodity Classification) - is used to classify the imported
commodities at the most detailed level for statistical purposes.
Technical Notes
For more information, please contact:
Mail : PSA - CAR, Regional Office
141 CTLL Bldg. Abanao Extension, Baguio City
Tel. Nos. : (074) 442-7449
Telefax No.: (074) 443-7763
Email : socd_psacar@yahoo.com
psacordillera@yahoo.com.ph
Website : psacordillera.esy.es